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20131202
20131210
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Search Results 0 to 49 of about 54 (some duplicates have been removed)
Bloomberg
Dec 6, 2013 2:00pm EST
she sees investing environment next year. and saving an ancient city art.gh we will tell you what pablo picasso's grandson is doing to was once partich of the alexander the great empire. we are back in a few minutes. >> welcome back to "money moves" on bloomberg television and on yourg all day long tablet, phone, and bloomberg.com. some argue the fed will reduce this month sooner than previously thought. credit specialists just one paying extra close attention. credit hedge fund manager recently shared her insights as the environment. she wrote a book as well, "investing in credit hedge funds oz." as she says, everyone is exposed to credits whether they realize not. >> the most interesting for me is the fact that the credit evolve.ontinues to and sitting on the seat, you know, on the front row managing actual portfolio for institutional investors when i look at where we were coming out of the credit crisis up to today, it's amazing the speed with which the market has evolved and also the expense of the fed intervention since then. thend i know that one of reasons that you actually
Bloomberg
Dec 8, 2013 6:00am EST
symbolizes that kind of creative environment we try to bring to our offices and our work environment. >> founder and ceo of kargo. technology is changing all kinds of businesses, even traditional ones, such as the $9 billion egg industry. bill gates and other founder funders backing a company is creating eggs using plant proteins. the founder and ceo was here. >> the funny thing about food is the more you look at it, the more bizarre it is. production. the more inefficient it is, particularly egg production. 1.8 trillion eggs are laid every year around the world. most of them come from pretty crazy places. imagine chickens crammed into cages. if we were starting at day one, we might look at plants that are more affordable and more efficient. >> i know that bill gates and peter thiel are backers. how did you connect with them? >> it's funny, when you look at them, they are used to investing in cutting-edge technology. they are used to investing in personalized health. all of these innovations, clean energy. when they look at food, it almost stuns them at how much it lacks innovation.
Bloomberg
Dec 9, 2013 10:00am EST
develop a basket of diversification for them in case this environment does arise. as i said, over half of our managers think low for longer. next year may be a boring year as far as where weights are and where the stock market goes. most importantly, people have to get invested. you cannot sit on the sidelines. while there is all this uncertainty, there are $10 trillion sitting in bank accounts earning nothing. you can invest in the future. we want to get people into the market and a much more diversified basket than just stocks and bonds. for longer,say low is that a call for the economy or on the market or will they both move in lockstep? >> it is both. growth is going too slow for a longer. of time. we think that the fed will keep monetary policy easy. short-term rates will remain where they are. long-term rates will budge up a bit. the stock market -- the peas are pretty high. we can squeeze a lot of juice out of that. we want to be a bit cautious for the longer-term right now. we want to make sure the people are using this diversification and understand the correlation may wo
Bloomberg
Dec 6, 2013 11:00pm EST
is going great. we see people in the shopping environment. we are capturing them as a go from one place to another. it is a vibrant and engaging piece of glass. it is different. they see people interacting. they want him to rack as well and understand what is going on. >> and this is an experiment? >> that is right. this particular activation at westfield -- >> westfield mall in san francisco. >> they have lots of malls and lots of empty spaces. those spaces do not feel good, even to the consumer. they do not like the idea of something going away. if you take those spots and do something engaging that helps both retailers and our partners think about a couple of brands that we are doing. toms. you have this large, engaging glass. >> how fast will you scale this? >> as fast as the physical stores and as the brands allow us. this glass is not just the glass on the storefront. it is a tabletop. it is the walls inside the store. it is the kiosk inside of the store or out in the street somewhere. we will take it everywhere we can and to all the places that people are stuck. think of a
Bloomberg
Dec 6, 2013 6:00am EST
growth. think about the dynamics. considerable fiscal constraints. we're going to see environment -- it will allow for the underlying economy to look stronger. >> the bloomberg political analyst is with us -- sequestration in 2014 is different for him last year. >> they realize -- both sides realize they made a huge mistake. interesting point to me, we had a stock market high. we have housing rates out. we have more millionaires and billionaires. you have all of this data and then you have 75% of the country saying we are on the wrong track. >> will that look like going forward when you deal with the restructuring of fannie and freddie? will we see tightening standards and will that hurt the economy even more? >> i think that is one of the challenges. there are lasting scars. we will continue to see regulatory changes and adjustments. one of those is in the mortgage market. >> can i get a mortgage in 2014? doesn't change the radically that i cannot the mortgage? >> we could see some listening, but when we look back, it will look fundamentally different than what we had during the bubble
Bloomberg
Dec 8, 2013 8:00pm EST
. equity markets up quite strongly , but think about the policy environment that the bank of japan is committed to. that may yet mean more upside. -- when itlieve comes to japanese equities, we think a trailing approach may make more sense. getting in when the shorter-term policy environment looks attractive and not being afraid to take profits and looking for another opportunity to reenter. 12 monthsee it as a overweight type market. it might be too volatile for that in 2014. , surelyoped markets there should be something on the other side of that trade. >> a few months into the year, the way we look at it is that the rally this year has been multiple expansion. that has been driven by expectations that growth and earnings will be better down the line. approach theing to point where economic growth and earnings will need to deliver. that is why we may enter the year with a continuation of the rally we would have been witnessing this year. at this point, markets are likely to begin questioning that. when we come to the end of 2014, we might be sitting back and saying the economies did
Bloomberg
Dec 9, 2013 3:00pm EST
trying to do business in a global environment, the nsa's practices, not just the ones , the prisonout program, which google and apple succumb to, the ones they do not know about they think are hurting their ability to grow. >> it is ultimately about what your customer wants. customers do not like the idea of the nsa being able to access all the information. >> that is a major concern for a lot of these companies. we are increasingly seeing, especially people international, they are worried they cannot trust american companies to hold their information safely away from governments, especially the u.s. government. one could see a situation where, down the road, international competitors could look good. i can hurt the markets a company and facebook, who are trying to go up -- grow internationally. is not just economic. >> let's stick with economic for the moment. it is interesting. do they have a leg to stand on? will they stand up to the nsa and say, we do not want you to do this, and basically has been -- and basically prevent them from tapping into the servers? have is to help them s
Bloomberg
Dec 5, 2013 3:00am EST
the stimulus. >> talk to me about your favorite picks. talk to me about the macro environment. diverse. >> indeed. play.are a macro- there is growth in china and the it demonstrates some and boost cash flow. the cash flow comes through next year and stronger growth in oil prices. your your go back to unit trust. joined later are in the hour. 2014l ask him about his investment strategy. we'll have more on this story thisf apple can deal with on the move. >> in london, this is on the move. we on your phone, your tablet. here is what is on the move. we heard news this morning. accounts in the electronics business and they gained 52% on the back of that. has is. chancellor autumn statement later today. that is at a time when the u.k. is the best-performing economy. manus cranny is standing by. jonathan ferro joins us. the data is ahead of the chinese statement and it makes the position look good. brand and ittrong is about this recovery and a triple that recession. andomes on a strong backing there are questions around the housing he will talk about the growth and deficit. there is another
Bloomberg
Dec 10, 2013 8:00am EST
efficient. and you're thinking about the impact on the environment. -- that more with less is what we need to do efficiently. and it has an impact on the environment. we have spent a lot of time researching new technologies. one of the biggest things we just committed to purchasing 1000 over the road tractors that run on natural gas. we're very excited about that. supply is wonderful. it is a much more efficient way to power vehicles. we are a big supporter of that. you for that. i know it is noisy here. thank you for joining us. that was kurt kuehn from ups. massar.was carol keep watching bloomberg tv as we continue to do inside ups coverage all day. the ceo at 3:00 eastern on "street smart." >> a look at the top headlines. a memorial service being held for nelson mandela today. president obama spoke this morning to a crowd which included world leaders, celebrities, royals, and tens of thousands of south africans. nelson mandela last thursday at age of 95. lulu lemon -- the founder of the company is stepping down as chairman. he will be replaced by the lead director. the ceo is also step
Bloomberg
Dec 9, 2013 1:00pm EST
to get return on the capital. square is in a hyper competitive environment where they need to continue to get there. holiday shopping season. a busy time. what kind of growth can we expect? >> it will be interesting to see the numbers. you have seen a lot of competitors come into the space coming in to help merchants. paypal has its own reader. >> bloomberg news editor, thank you for weighing in. could today be an even bigger day than last week cyber monday. that is just ahead. ♪ >> this is the early edition of bloomberg "west." as well-known as black friday or cyber monday, but today is green monday. traditionally the biggest online shopping day of the year. the second monday in december, the day shoppers rush to finish online gift orders i the holidays. cory johnson is back to explain. >> only you would be talking about finishing up holiday shopping. i am somewhere about zero percent like a lot of people. >> 75% done. tracking this on a spreadsheet? >> i want to get my free shipping. this they have historically been the biggest day for online shopping. monday, the second m
Bloomberg
Dec 6, 2013 12:00am EST
, you will see they are trying to craft a family-friendly environment there it png, wheaties, smuckers, nike. we are in some financial and risk management, liberty mutual. really some interesting categories. >> sounds like you want to hug the guy and not just skate behind him. the challenge is to make him relevant for those two weeks. they're such an intertwined mesh of official sponsors, individual sponsorship opportunities and especially the russian government may or may not make it easier for you. how do you manage that challenge? >> we respect the usoc. we understand what they need to do to give them a value to the sponsors. when we are dealing with usoc sponsors and non-sponsors, for the non-sponsors it is really important to activate pre-the olympics. how do we reach his demographic with a storyline. ore we get into that dark. before the olympics. >> and then there is a dark. well after. that is a challenge at all olympic athletes face as you make him or her relevant during the olympics and how you perpetuate that relevance afterwards? you have these athletes that are t
Bloomberg
Dec 7, 2013 4:00am EST
see anything at a macro level. what are you staying in terms of the economic environment in the u.s.? >> this quarter was slow to start, right? look at the holiday shopping, it was pushed late. other than that, i think things are looking better and better. >> you have done so many acquisitions and have launched many products as well. john donahoe was excitedly showing this beacon. how do you describe it? >> we want to change how people shop. people love shopping, but they hate paying. >> and it is not just because they are cheap? >> no. everyone is like that. we want to remove that friction and make it completely invisible to pay. with beacon, we did that. you can go into a coffee shop like he did earlier today and then your phone vibrates. you can pay completely hands- free. it can be a retail store or restaurants to enable that and have one of these systems. >> and i have big merchant partners, but how many point-of- sale locations are you in? >> in the u.s., we have over 100,000 locations. i do not want to make it specific -- >> you can. >> we have hundreds of thousands of locati
Bloomberg
Dec 4, 2013 10:00pm EST
marriage passed. they are moving the needle on the environment. this thing is similar. >> on both of those issues, you are on their side. on gay rights and the environment. >> yes. i still am. i am trying to lay out a set of facts and hoping when they look at those facts, they will start to put political pressure and consider this issue as important as they do the environment and the gay rights. >> do you think you'll find more receptivity in the republican or democratic party? >> i will see enthusiasm on both sides. any asked questions for half hour. it doesn't matter if they were at round or usc or north carolina. >> jeff explain. >> he runs the harlem children's zone. i have been president since its founding. >> they do what? >> good question. there are 100 square yards. they take children from birth to college, prosocial antibiotics at them, education, baby college, pre-k, try to get them to college. as you know, there is a bunch of pilot programs, some inspired by the president to try to copy that model around the country. that is what jeff does. he runs that. >> you have been h
Bloomberg
Dec 6, 2013 4:00am EST
going to take to unlock this cash? we have a regulatory environment and economic environment positive and stable. environment is one where we can see growth. not only in the u.k. at economy, but in the export markets. the prime minister is doing the right thing by going to china. we have a pathetic record in many of the fastest-growing economies in the world in terms of export. we have no interest in those economies for delivering exports. that is a primary risk to the u.k. economy. he haven't got enough export infrastructure. the government has to play a more positive role in developing the infrastructure around the world. >> let's talk about infrastructure and focus on what we need to see. have -- you are part of a group of insurers that are to invest in the infrastructure story in the u.k. over the next few years. we are seeing at the moment a lowball number? solvency rules have changed, regulatory roles have changed. a much more is there? >> i think there is more than that. if we want to get a realistic number, i think the treasury did a fantastic job in developing regulations for
Bloomberg
Dec 5, 2013 9:30pm EST
? >> he has a number of them. we have tried to craft a family- friendly environment. nike --aties, smokers, ucker's, nike. >> it sounds like you want to hug the guy. the challenge is to make it relevant for two weeks. official sponsors, individual sponsorship opportunities, the russian government may or may not make it easy for you. how do you not negate -- how do you navigate challenge? withen we are dealing sponsors and non-sponsors, it is important for us to activate pre the olympics. demographicach is before we get into that dark area? >> there is a dark period well after. the other challenge all olympic athletes face, how do you press to eight -- perpetuate their relevance? you have these athletes there regularly, but how do you keep that man and others relevant for five years out? >> it is not easy. our folks have done a phenomenal job. two athletes we have been , theirnting for 20 years longevity is something we can learn from. we put the three of them together. dan and bonnie were good enough to provide some mentoring to jr. >> thank you. best of luck to jr. there will be
Bloomberg
Dec 10, 2013 12:00pm EST
environment. >> right. doing more with less has always cultural at ups. we realize we do have a huge impact on the environment, so we spent a lot of time researching new technologies. one of the biggest things -- we just committed to purchasing over 1000 tractors run on natural gas, so we are very excited about that. efficient wayore to power vehicles, and we are a big supporter of that. >> ups, by the way, also working on a system of algorithms to shave fractions of a mile off every driver's route. added up, this thing could save millions. we will have more on this technology they call or ryan as we go inside ups all day on bloomberg television, + -- more.com, and btv on this tall -- more on this technology they call orion. next, world leaders join to celebrate nelson mandela. ♪ thet is 26 minutes after hour, which means bloomberg tv is on the markets. let's get you caught up or stocks are trading right now. a new record yesterday for the s&p 500, but we are coming down from that today, with the s&p, the dow, and the nasdaq all lower -- not by much, but lower nonetheless. in terms of indivi
Bloomberg
Dec 5, 2013 2:00pm EST
creative environment that we try to bring to the office and the work environment. founder.o and the founder of a startup that takes your ideas and takes you onto shelves of major retailers. ♪ >> quirky turns and ventures ideas, ideas submitted online and fine tuned by the community with products showing up on shelves all the time. then is the founder and ceo of quirky. an example of collaborative product development, i know you brought some pretty cool ones here. your background is pretty crazy. you asked your parents to take a second mortgage out on their home and you developed this great battery pack for the iphone? >> i was trying to figure out a way to not listen to my teacher. was aght all i needed little bit of money so i convinced my parents to remortgage their house and flew to china, realizing i needed more than money. that was a company platform for invention. you say you need more than money, what else do people need? it, you is one part of do design and manufacturing. deals with retailers, marketing, packaging. all that is fine. if we came together as a community, we c
Bloomberg
Dec 7, 2013 7:00am EST
. what are you seeing on the economic environment? >> this quarter was slow to start. if you look at the holiday shopping season, it was pushed late. other than that, things are looking better and better. >> you have done so many acquisitions. talk to me about beacon. we were just talking about this. how do you describe it? >> we want to change how people shop. people love shopping. they hate paying. >> is that because they are cheap? >> everybody is like that. we want to remove the friction and make a completely invisible to pay. with beacon, we did that. you can go into a coffee shop, like you did, and you just walk in. your phone vibrates, so you know you are checked in. your photo appears on the point- of-sale system and you pay completely hands free. >> you do not have to go to another cash register? >> we have point-of-sale systems that check in. it enables any retail store or copy shop or restaurant to enable that. >> so, you have these 30 systems. how many point-of-sale locations are you in? >> in the u.s., we have over 100,000 locations. i do not want to estimate. >> you can
Bloomberg
Dec 6, 2013 10:00am EST
environment, even harder. >> hang on. clearly, cerberus has some obligations to investors like callister's. and it has many other partners who are counting on cerberus to generate an adequate return on its investments. but if it comes out and said, we are going to sell this thing, it sounds as though they are going to get rid of it, which is to say not necessarily selling it at the best price. have a simply not been able to find a buyer at any price? or are they trying to maximize the return and get out of this? which to me, in the scam and the environment, might make it a bit of a tough sale. it a bit ofght make a tough sale in this environment. >> you hit the head on the nail. i have lots of investors. they are trying to do the right thing, which is to liquidate the company, but they have to do it for the right price and find the right buyer. they have found some people very interested in the company. but in this industry, this is a fairly big company. tois not an easy company liquidate. >> what if they cannot sell? will you pull out your money? >> cerberus, i think they will be able to
Bloomberg
Dec 8, 2013 6:00pm EST
contradicted to the success. >> bali is a beautiful environment for this type of compromise. setting forxed negotiations. ink about what this means terms of precedents for the very heightened talks on subsidies for the next stage in terms of agreements?l this is one in the most sensitive issues. does this set a precedent for further talks? >> it to. i hear the tone of all of the aveloping economies, reservation to the subsidization that was done by the developed economies. this is a horizontal imbalance. the package that was approved to toow developed economies to do socialization -- subsidization. there are hundreds of millions of farmers. the just issued a few security law. indonesia has 250 million people. we have a lot of farmers. we have a lot of people to feed. our ability to do stockholding of certain staples and subsidization i think will be for not only us but the developing economies. it will set a process -- precedent in terms of treating the nuance for the purpose of rebalancing the imbalances we might have seen in the past many years. >> top specifically about h
Bloomberg
Dec 9, 2013 8:00am EST
from others, this whole notion of a new normal type environment. growth continues to be low about fragile, and there is a continued risk of asset bubbles building. andt conviction is low, comedies are not doing a lot of investing or hiring. there is a bold case scenario, -- bull case scenario, but that only has a 25% probability. >> what an interesting way to look at the markets. what does larry fink have to say? >> larry, as it turns out, is not here. he is traveling in the middle east, he's going to be seeing clients byckrock's doing some investigation on his own. i did have a chance to sit down with larry fink on writing. we talked about something that is really important to investing, risks. where are the risks, and what hes he seem that's -- perceived as the biggest risk? here's what he told me. >> the next crisis will not be coming from banks. i do not know where it will come, it may not be in financial conveyed might be in technology. maybe it will be private security that would back a lot of us. but the big crisis will not be in financial services as much a some people wor
Bloomberg
Dec 8, 2013 9:00am EST
. we have tried to craft a family- friendly environment. p&g, wheaties, smuckers, nike. we are in some financial and risk management. really interesting categories. >> it sounds like you want to hug the guy. that is a great thing. the challenge is to make it relevant for two weeks. there are such an intertwined mesh of official sponsors, individual sponsorship opportunities, the russian government may or may not make it easy for you. how do you navigate the challenge? >> it is not easy. we understand what they need to do to get the most value to their sponsors. when we are dealing with sponsors and non-sponsors, it is important for us to activate pre the olympics. how do we reach his demographic before we get into that dark period? >> there is a dark period well after. the other challenge all olympic athletes face, how do you perpetuate their relevance? you have these athletes there regularly, but how do you keep that man and others relevant four or five years out? >> it is not easy. our folks have done a phenomenal job. two athletes we have been representing for 20 years, their l
Bloomberg
Dec 5, 2013 6:00pm EST
this around and possibly the worst environment for sales. an impressive job he did from a different industry and a planning sales structure. putting it on solid footing, those are the turn around skill s the boaredd likes. --let's really analyze it.e didn't dneeny "hell no."equivocal you'd stayold me till 2014. >> no change in the plan. non- sounds like the denial denial. months, on the same day they say the plan is not changed. on the 24th, he told investors we won't comment on speculation. back.ms to be walking >> microsoft wants to decide before the end of the year. >> any decision won't happen the week of christmas. will be thdecision e next week or two. >> microsoft stepping up against government surveillance. ♪ >> microsoft says it is stepping up in encryption to protect information. this comes after government intercepting information between centers, but how big a challenge is this? cory johnson is in the newsroom with more. >> they are trying to make it more transparent. more on how that is going to work. joined by the vice president of research. this is interesting to me
Bloomberg
Dec 5, 2013 4:00am EST
experience in a work environment. the employer gets to people covering one job. two people get training and the government gives them employment. a real society issue we have got is those million people. >> i am a person that is working for you. i have got kids, i am running around. i need to make my life more flexible. how does this extra person coming in -- person and itthat is tough to get to work at 9:00, at 10:00.can get maybe i can employ someone between 9:00 and 11:00 or between 2:00 and 5:00. i only pay one full-time person. the government supports that but people are learning from each other. they get trained in the job. they might be a marketing assistant, a sales assistant or something. they are starting if they have no new skills. i are learning. get other jobs from a position of employment which is a much easier than having no experience. >> it is a great scheme in terms of social cohesion and putting people back to work. we have a lot of executives fear that say, my number one problem is finding talented people. this assumes that you find two talented people that work. >>
Bloomberg
Dec 10, 2013 2:00pm EST
prohibited from having those sorts of operations and a more highly regulated environment. >> a big key, the rule will only be as tough as the regulators enforcing it. that is why washington may weigh some time before challenging this rule in court. it takes effect in july of 2015. >> peter, thank you very much. our chief washington correspondent peter cook. you are just hearing from peter, the fulcrum rule about limiting risks. -- the volt parole about limiting risks. about volcker rule limiting bets. su keenan is with me now with more on the story. this move gets sac closer to that family office status. >> absolutely the last month they agree to pay a record 1.8 billion dollar fine and exit the hedge fund rule -- hedge fund world, raising the needs for cash and removing this need for unit,ad, a reinsurance and it's may fund the reinsurance unit to access extra cash while providing the benefit of being offshore. the statement from the sac spokesman says the firm is now focusing on its transition to a family office. the sales price is estimated to and oneen $500 million billion dollars. >> w
Bloomberg
Dec 5, 2013 7:00pm EST
better environment for our economy and creating more jobs for the american people. those jobs were there, shovel ready jobs that president obama spoke of often, would we be having this discussion about benefits? >> the unemployment rate has gone down from 2000 eight. whether there are enough or not, that is what politicians can debate around the edges. peoplelion, these are who come from all walks of life, white-collar, blue-collar and they need this assistance and what is also happening is some brinksmanship and public negotiating going on. i think they are close to a deal. it will come in higher than the sequestration rates will be hard for a lot of the republicans in the house for swallow. -- to swallow. if they can get some progress on unemployment it means they will pick up some democratic votes and you may see a budget deal go through with the minority and majority. >> why are some of these americans, for lack of better phrase, being used as a political piÑata? why are they being stigmatized with the words, living off the udall, not wanting to get a job? that's not political
Bloomberg
Dec 6, 2013 7:00pm EST
-- are going to have success of the program. >> bigger and bigger discounts are needed. the environment is getting more competitive. the economic climate has not been great. ordersseeing the average down about 10% year-over-year. there are quite a bit more orders that are giving a strong growth. what you're seeing is a lot of people fighting for the market share. >> we have not had major tax reform in almost 30 years. 1986.as since to put that in perspective, that is when microsoft went public. it has been a long time. -- when tapering both the tapering begins it will give relief to the market. they have been remarkably accurate and how it is dealt with the economy. we were the only strategists that said they would taper on september 18. we are beginning to think they will not taper in march, as a result of the fact that the bond market appears to be preempting a fed taper. >> it was a program started under bush, continued under obama, and it is been brought down. i don't know what the right number of weeks is. but i do know that the 1.3 million american people who are getting unemploym
Bloomberg
Dec 5, 2013 8:00pm EST
early on -- >> his father was killed before he was born. >> he grows up in a kind of environment without that kind of safety net. do? does it it seems to have given him the strength. that pattern, we see that again and again and again among people. >> do you think that is a majority? >> i do not. i make the same argument with dyslexia. there is an born -- minority pattern. you see a large number of successful launch vendors have dyslexia. that is not a common response -- of successful entrepreneurs have dyslexia. that is not a common response. that is not the typical response. it is fascinating to see this bimodal response to what we would consider just to be a setback. >> do you think that -- i mean, it is often said that some large comediansercentage of come to comedy out of pain. >> you know it is funny, i was just reading the new biography of johnny carson. it talks about, the fascinating thing where his mother, who was the most emotionally withholding, cold, and what was johnny carson? he was so tuned to the emotions of his audience. it comes from his mother! you grow up was
Bloomberg
Dec 6, 2013 8:00am EST
good to be long and short to manage fixed income in today's environment. >> thank you, jeffrey rosenberg from blackrock. we are about seven minutes away from the november jobs numbers. ♪ >> first. bloomberg. >> you are watching "in the loop ," live on bloomberg television and streaming on your phone, tablet, and on bloomberg.com. good morning. i am betty liu. it is 26 minutes past the hour, which means bloomberg television is on the markets. we are awaiting a jobs report. we are expecting 180,000 jobs created in the jobless rate coming down to 7.2%, not a big difference from october. we are on the market again in 30 minutes. the top headlines -- mourners are gathering outside of the home of nelson mandela, who died 95. night at the age of he led the emancipation of south africa and went on to serve as the first black president of the country. we will have 10 days of mourning before the funeral is held on december 15. the time warner cable incoming ceo says he's willing to sell the company at the right price. the current chief operating officer will take the reins amid specula
Bloomberg
Dec 5, 2013 10:00am EST
? >> that is the perception i think. we are in a more normal private equity environment right now. i don't think it is slow, i wish it was busier. i think for it to get busier, we will need to see a large m&a cycle happen. we are seeing a lot less of that. we are buying more assets that each other own and selling stuff to each other. i would like to see more corporate m&a so we can see primary buyout activity. >> is it tough for you to buy businesses? if i was a company, i would not feel great about selling. >> i'm not sure. we are not clairvoyant. we are not smaller than anyone else. you are successful, though. >> we have been doing it for the last few years that we have been businesses that are not getting the attention they need and we intervene to find value than the previous owner cannot do. >> why aren't things like they were back in 2006, 2007? market conditions are awfully similar. open debtvery wide market, permissive terms for loans. it should add up to more than it is. >> there was a moment in time or the debt markets were exploding in terms of volume. importantly, the banks wer
Bloomberg
Dec 9, 2013 2:00pm EST
. therefore, during difficult andet environments we file better protect capital than the equity markets, certainly more than listed private equity. >> how are you seeing this entirely week -- entire of private assets going? whatever category, how do you see it from a bigger picture point of view? >> it started in germany and grew. it took a long time for the interest to develop, like anything else, the proof was in the putting. we have competitors in there who have done well and it has really started to grow and i think that the industry and ourselves, specifically, achieved the best years not only in raising, but producing the types of returns investors expect. >> there is this idea of transparency, as well, which had only been available to a select group of very rich people and institutions before. >> correct. now when you have a daily value open-end mutual fund, the transparency is stupendous. we can provide whatever level the individual advisor wants to give to his or her client. >> how did you pick the managers? >> very few people could do something like this in the private equity
Search Results 0 to 49 of about 54 (some duplicates have been removed)